Worries over a resurgent coronavirus pandemic and upcoming US Senate runoffs in Georgia are clouding the outlook for what has historically been a seasonally strong period for equities. Stocks have tended to perform well in the last five trading days of December, and the first two of January, a phenomenon known as the Santa Claus rally which has lifted equities in 55 out of 74 years since 1945, according to CFRA Research. This year, the period started on December 24. The average Santa Claus rally has boosted the S&P 500 by 1.3% since 1969, according to the Stock Trader’s Almanac. Overall, a year with a Santa Claus rally is followed by an annual 9.7% average gain in the S&P 500 the followi
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